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Dentons advises Bank Gospodarstwa Krajowego on US$60 million export financing to Molo Group for hotel complex in Turks and Caicos

Dentons has advised Bank Gospodarstwa Krajowego (BGK), the Polish development bank, on a long-term investment loan of up to US$60 million granted to the Molo Group, owned by the Slominski family. The financing will be used to build a hotel complex with 251 rooms and suites on Providenciales, the main island of the Turks and Caicos archipelago in the Caribbean. The buildings will be constructed from equipment and modules manufactured in Poland. “It has been a great pleasure and satisfaction to assist BGK with this prestigious financing transaction, supporting the expansion of Molo Group in their largest investment to date. This project not only promotes Polish exports but also features exceptional hotel developments in some of the most stunning locations in the Caribbean”, said Tomasz Zwoliński, partner in the Banking and Finance practice in Warsaw. The complex includes two modular hotels: the 4-star boutique Indigo hotel and the 5-star Kimpton hotel. Both brands are owned by the international IHG group. The Indigo hotel is scheduled for completion by the end of 2025, while the Kimpton is scheduled for completion in the first half of 2027. Tomasz Zwoliński supervised and led the cross-border project, advising on English and Polish law matters related to preparing, negotiating and signing the finance documents and securities, which covered five jurisdictions and involved collateral and mechanisms related to hurricane risk. He was supported by Jakub Zienkiewicz (counsel) and Kamil Bator (associate) from the Banking and Finance team in Warsaw. The transaction team also included partner Babette Märzheuser-Wood, Global Head of the Franchise Group, and Agnieszka Nagórska-Kordeczka (counsel), who advised on hotel franchise agreements. Dentons worked alongside teams from Griffiths & Partners, who served as Turks and Caicos counsel, and Massiah Law, acting as Gibraltar law counsel, both members of the Nextlaw referral network. About Dentons Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you. dentons.com Media contact Lidia Adamczyk Communications, Marketing & Business Development Manager +48 513 045 352 [email protected]  

Dentons Luxembourg invests in its talent and strengthens its banking, finance and corporate law practices.

Luxembourg, Monday 1st June 2026 – Dentons Luxembourg announces the promotion of Olivier Lesage to Partner and David Paiva to Managing Counsel, marking a new milestone in the international law firm’s development in the Luxembourg market. These promotions strengthen the office’s ability to support its clients in complex and multi-jurisdictional transactions. With fifteen years’ experience at Dentons, Olivier Lesage has been promoted to Partner in the Banking and Finance department. The department now has two Partners, with Olivier joining Stéphane Hadet, who has led the department for over twenty-five years. He advises corporate groups, financial institutions and investment funds on a wide range of transactions in Luxembourg and internationally, particularly in relation to restructurings, refinancing and leveraged finance. Olivier has extensive experience in banking and finance, including fund, real estate and asset financing, pre- and post-acquisition restructurings and reorganizations, as well as Luxembourg and European regulatory matters relating to the financial market. Stéphane Hadet comments: “Olivier has been a driving force behind the development of our Banking and Finance department for over fifteen years. This promotion recognizes not only the work he has done for our clients, but also his active role in training and developing the Luxembourg team.” In the Corporate and M&A department, David Paiva has been promoted to Managing Counsel, a role in which he supports the lead partner, Namik Ramić, with whom he has worked for over ten years. David specializes in corporate law, mergers and acquisitions, private equity, joint ventures, and related structuring and financing. He regularly advises international groups and private equity funds on their acquisitions and other structured transactions, as well as on the implementation of incentive schemes for management teams. He also advises on the structuring of vehicles and provides governance advice to family offices and high-net-worth private clients. Both lawyers are recognized for their strategic advice to major Luxembourg and international groups. Martine Gerber-Lemaire, Managing Partner of Dentons Luxembourg, said: “These promotions mark a new stage in Dentons’ development in the Luxembourg market. They come at a time of strong activity in real estate financing, fund financing, cross-border structuring and M&A transactions. They also reflect our ongoing commitment to the professional development of our talent and to creating a positive working environment where everyone can advance their career.” About Dentons Redefining possibilities. Together, everywhere. Dentons, the world’s largest international law firm, tackles every challenge and seizes every opportunity thanks to the talent of its 12,500 professionals working in over 85 countries. For more information, visit www.dentons.com Contact : Cédric Delahaye Head of Marketing, BD and Communication - Dentons Luxembourg D +352 46 83 83 312 | M +352 621 26 53 99 | [email protected]
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